The company’s revenue increased 43.1% year-on-year to ₹4,997 crore from ₹3,492 crore in Q1 FY26.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 95.3% to ₹1,922.4 crore from ₹984.4 crore a year ago. The EBITDA margin expanded to 38.5% from 28.2% in the year-ago quarter.
Lodha said the company recorded its best-ever quarterly post-tax profit of ₹1,373 crore during the quarter. The company’s pre-sales stood at ₹4,629 crore in Q1 FY27, while collections increased 46% year-on-year to ₹4,205 crore.
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The company’s net debt declined by ₹446 crore during the quarter to ₹4,931 crore, supported by operating cash flows. The company’s net debt-to-equity ratio stood at 0.2x, compared with its ceiling of 0.5x. The company’s exit cost of debt remained at 7.8% in Q1 FY27.
Lodha said it has a project pipeline with a gross development value (GDV) of nearly ₹2 lakh crore available for sale, excluding land bank that will be used beyond the next five years. The company said its development company (DevCo) business is expected to become net debt-free over the next few years.
Abhishek Lodha, Managing Director, said, “We are pleased to deliver our best-ever quarterly profit in Q1FY27, continuing the strong momentum built through FY26. It is heartening to note that profits for the quarter more than doubled on a YoY basis to ₹ 1,373 crore.
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Our revenue grew 43% to ₹ 4,997 crores. Our growth, coupled with rising profitability and ROEs alongside low leverage, sets Lodha apart. On the back of strong structural housing demand and accelerating consolidation in favour of tier-1 brands like Lodha, the company is confident of growing its profit at 20% CAGR over the long term. Our market share in the target segment is at 3.5%, and thereby we have a long runway to grow over the medium to long term.
We are also very pleased to welcome another leading global data centre operator – Digital Edge India, a JV between Digital Edge (Singapore) and National Investment and Infrastructure Fund (NIIF) – to our Green Data Centre Park at Navi Mumbai (Palava), having sold land at a price over ₹ 42 crore per acre during the quarter.
This further validates the extraordinary value of our Palava landholding, which has climbed more than 15x over the last five years and will continue to grow. Our journey to grow the annuity business continues to gain momentum – we expect to grow our annuity income by over 10x in the next six years to over ₹ 3,000 crore p.a., led by data centres with 1GW capacity, warehousing & industrial parks and high-street retail.”
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Shares of Lodha Developers Limited ended at ₹1,144.10, down by ₹2.50, or 0.22%, on the BSE.
